Damus
binsky profile picture
binsky
@hodlwithBinsky
Been thinking about this a lot lately.

Not sure about your country. But in Belgium 🇧🇪, I get the feeling that people are being pushed tremendously into investing. Lots of commercials about certain brokers, lots of banks telling you to invest your money.
None of them tell you to buy #bitcoin tho, just stocks, bonds, ETFs and all that.

Could it be that those brokers/banks want you to invest as much as possible on their platform, so that they can use that invested money to just simply buy cheap Bitcoin?
Then later they could shift their services to Bitcoin?

Is that far fetched? Am I too deep in the rabbit hole?

#bitcoin #buybitcoin #stacksats #asknostr
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moneydesk · 1d
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Séimí Mac Síomón · 1d
Isnt Belgium broke as fuck?
Fat_₿ank$t€r · 1d
Those brokers do market research first. And Belgium scores very low on financial literacy, so low even ETF investing is hard to sell. Bitcoin is way out the league of the average Belgian.
Fat_₿ank$t€r · 1d
AI provides a simple answer https://cdn.nostrcheck.me/9aef460d37981e6defa7ebfed2272a3a9be376dfaf230ce21db065a716632d53.jpeg
BitcoinSaving · 1d
Not far fetched. Brokers and banks earn fees on the products they sell, so they sell what pays them. A saver who stacks a little on a fixed rhythm and holds it themselves steps outside that loop. Do the ads there ever mention holding it yourself, or is it always on their platform?